THE DEPUTY. CIT,, VIJAYAWADA vs. M/S. EFFTRONICS SYSTEMS PRIVATE LIMITED,, VIJAYAWADA

In the result, the appeal of the revenue is dismissed

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singh

reassessment by disallowing the claim made by the assessee u/s 35(2AB) of I.T. Act. 3. Aggrieved by the order

THE DEPUTY. CIT,, VIJAYAWADA vs. M/S. EFFTRONICS SYSTEMS PRIVATE LIMITED,, VIJAYAWADA

In the result, the appeal of the revenue is dismissed

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singh

reassessment by disallowing the claim made by the assessee u/s 35(2AB) of I.T. Act. 3. Aggrieved by the order

THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2(1),, GUNTUR vs. LAKSHMI CONSTRUCTIONS, , GUNTUR

In the result, appeal filed by the Revenue and the C

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Blethe Acit, Circle-2(1), Vs. M/S. Lakshmi Constructions, Guntur. D.No. 5-87-22, Sri Balaji House, Lakshmipuram, Guntur. Pan No. Aabfl 6560 B (Appellant) (Respondent) C.O. No. 47/Viz/2019 (Arising Out Of Ita No. 10/Viz/2019) (Asst. Year : 2006-07) M/S. Lakshmi Constructions, Vs. The Acit, Circle-2(1), D.No. 5-87-22, Sri Balaji Guntur. House, Lakshmipuram, Guntur. Pan No. Aabfl 6560 B (Appellant) (Respondent) Assessee By : Shri G.V.N. Hari – Advocate. Department By : Smt. Suman Malik – Sr.Dr Date Of Hearing : 29/04/2019. Date Of Pronouncement : 03/05/2019. O R D E R Per V. Durga Raothis Appeal By The Revenue & The Cross Objection By The Assessee Are Directed Against The Order Of Commissioner Of Income Tax (Appeals)-1, Guntur, Dated 29/09/2018 For The Assessment Year 2006-07. 2 Ita No.10 /Viz/2019 & C.O.No. 47/Viz/2019 (M/S. Lakshmi Constrcutions)

disallowed in the reassessment proceedings were reflected in P&L A/c and the same has been considered in the original

ANDHRA PRADESH POWER GENERATION CORPORATION LIMITED,,VIJAYAWADA vs. THE ACIT, CIRCLE-3(1), , VIJAYAWADA

In the result, appeal of the assessee is allowed

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकर अपील सं./I.T.A.No.167/Viz/2020 (निर्धारण वर्ा/Assessment Year:2012-13) Andhra Pradesh Power Generation Vs. Asst.Commissioner Of Corporation Ltd. Income Tax Vijayawada Circle-3(1) [Pan : Aacca2734J] Vijayawada (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

reassessment was taken up only for the purpose of disallowance u/s 80IA. Thus the time limit for taking up the case

THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1(1), , GUNTUR vs. SAI BALAJI CONSTRUCTIONS, , GUNTUR

In the result, appeal of the revenue is dismissed

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.465/Viz/2018 (ननधधारण वर्ा/Assessment Year : 2006-07) Dy. Commissioner Of Vs. M/S Sai Balaji Constructions Income Tax B-8, Svn Colony Circle-1(1) Guntur Guntur [Pan : Abafs6923M] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Smt.Suman Malik, Dr प्रत्यधथी की ओर से / Respondent By : Shri P.Bala Srinivas, Ar सुनवधई की तधरीख / Date Of Hearing : 23.09.2019 घोर्णध की तधरीख/Date Of Pronouncement : 25.09.2019 आदेश /O R D E R

reassessment made u/s 143(3) r.w.s. 147 of the Act, the AO made the disallowance of Rs.1,54,920/- u/s 69C of the Act relating

NADIMPALLY VENKATA SANKAR RAMA KRISHNAM RAJU,,VISAKHAPATNAM vs. THE ITO,, VISAKHAPATNAM

In the result, the appeal filed by the assessee is allowed

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singh

disallowed. Since the Assessing Officer failed to examine all these aspects in the reassessment , the PCIT held that the assessment

THE ACIT., VIJAYAWADA vs. M/S. KRNTI ROAD TRANSPORT PVT. LTD., VIJAYAWADA

In the result, the appeal of the revenue is dismissed

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singh

reassessment proceedings were completed by the A.O. u/s 143(3) r.w.s. 147 of the Act after making the disallowance of ` 14,16,600/- on account

PANDALAPAKA PRIMARY AGRICULTURAL CO-OP SOCIETY LTD,EAST GODAVARI vs. INCOME-TAX OFFICER, WARD-1, KAKINADA

disallowing deduction under Section 80P for AY 2018-19 and AY 2020-21. For AY 2018-19, the assessee failed to file a return of income and the AO issued a notice under Section 148A(b) for reassessment

G.T.MOHAN RAO,,KAKINADA vs. THE ITO,, KAKINADA

In the result, appeal of the assessee is allowed

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.182/Viz/2015 (ननधधारण वर्ा/Assessment Year : 2007-08) G.T.Mohan Rao Vs. Income Tax Officer Prop.Ramya Engineering Co. Ward-1 Plot No.3-20-4/1/A Kakinada Rammohan Nagar Kakinada [Pan : Aehpg7387R] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Shri G.V.N.Hari, Ar प्रत्यधथी की ओर से / Respondent By : Smt.Suman Malik, Dr सुनवधई की तधरीख / Date Of Hearing : 01.08.2019 घोर्णध की तधरीख/Date Of Pronouncement : 25.09.2019 आदेश /O R D E R

disallowed u/s 40(a)(ia) of the Act for non deduction of tax at source. The AO completed the reassessment

EMESCO BOOKS,,VIJAYAWADA vs. ITO, WARD-3(1), , VIJAYAWADA

In the result, appeal filed by the assessee is allowed for statistical purposes

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Blem/S. Emesco Books, Vs. Ito, Ward-3(1), D.No. 28-7-1, Nvkr Building, Vijayawada. Sk. Mohiddin Street, Governorpet, Vijayawada. Pan No. Aabfe 9960 G (Appellant) (Respondent)

reassessment order under section 147 of the Act on 30/10/2014. The Assessing Officer had made various additions on account of disallowance

ABHILASH SYNERGETIC CONSTRUCTIONS & EXPORTS PRIVATE LIMITED,VISAKHAPATNAM vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1), , VISAKHAPATNAM

In the result, appeals filed by the assessee in ITA No

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

reassessment proceedings the claim cannot be rejected on mere review of the earlier decision without there being valid reason either on facts or in law to disallow

ABHILASH SYNERGETIC CONSTRUCTIONS & EXPORTS PRIVATE LIMITED,VISAKHAPATNAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-5(1),, VISAKHAPATNAM

In the result, appeals filed by the assessee in ITA No

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

reassessment proceedings the claim cannot be rejected on mere review of the earlier decision without there being valid reason either on facts or in law to disallow

ABHILASH SYNERGETIC CONSTRUCTIONS & EXPORTS PRIVATE LIMITED,VISAKHAPATNAM vs. THE INCOME TAX OFFICER, WARD-1(5),, VISAKHAPATNAM

In the result, appeals filed by the assessee in ITA No

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

reassessment proceedings the claim cannot be rejected on mere review of the earlier decision without there being valid reason either on facts or in law to disallow

SMT. L SUDHA BALA, L/R OF LATE SRI L.NARSA REDDY,GUNTUR vs. THE DCIT, SPECIAL RANGE GUNTUR, GUNTUR

In the result, the appeals of the assessee are dismissed

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.260 & 261/Viz/2012 (धििाारण िर्ा/ Assessment Years :1984-85 & 1985-86 Respectively) L.Sudha Bala Vs. Dy.Commissioner Of L/R Of Late Sri L Narasa Reddy Income Tax Prop.Sri Venkateswara Agro Chemicals Special Range Industries Guntur 2-14-101, Syamala Nagar 2Nd Lane, Guntur [Pan : Acgpl2351P] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

disallowance u/s 40A(3) of the Act. Therefore, the Ld.AR is of the view that as per the settled case laws, the AO is not permitted to assess the other income which has come to the notice of the AO during the reassessment

SMT. L SUDHA BALA, L/R OF LATE SRI L.NARSA REDDY,GUNTUR vs. THE DCIT, SPECIAL RANGE GUNTUR, GUNTUR

In the result, the appeals of the assessee are dismissed

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.260 & 261/Viz/2012 (धििाारण िर्ा/ Assessment Years :1984-85 & 1985-86 Respectively) L.Sudha Bala Vs. Dy.Commissioner Of L/R Of Late Sri L Narasa Reddy Income Tax Prop.Sri Venkateswara Agro Chemicals Special Range Industries Guntur 2-14-101, Syamala Nagar 2Nd Lane, Guntur [Pan : Acgpl2351P] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

disallowance u/s 40A(3) of the Act. Therefore, the Ld.AR is of the view that as per the settled case laws, the AO is not permitted to assess the other income which has come to the notice of the AO during the reassessment

DCIT, CENTRAL CIRCLE-1, VISAKHAPATNAM vs. GVA INDUSTRIES PVT. LTD., DHAMTARI

reassessment proceedings under section 147, alleging that the assessee had availed accommodation entries for purchases from certain suppliers. Despite the suppliers admitting to providing accommodation entries, the AO disallowed

AGRI GOLD FOODS AND FARM PRODUCTS LIMITED,VIJAYAWADA vs. ASST.COMMISSIONER OF INCOME TAX, CIRCLE-2(1), VIJAYAWADA

Bench: Us:

disallowances restricted the assessee’s returned loss to an amount of (-) Rs. 1,07,24,316/-. 6 Agri Gold Foods and Farm Products Limited 7. Subsequently, the A.O. initiated the reassessment

VENUGOPAL NIMMAGADDA,VIJAYAWADA vs. INCOME TAX OFFICER, WARD-3(3), VIJAYAWADA

In the result, appeal of the assessee is allowed for statistical purpose

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.212/Viz/2022 (ननधधारण वर्ा / Assessment Year : 2012-13) Venugopal Nimmagadda Vs. Income Tax Officer D.No.21-10-29, Flat No.101 Ward-3(3) Anu Heights, 2Nd Lane Vijayawada Srinagar Colony Satyanarayanapuram Vijayawada [Pan : Adapn2791A] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

reassessment proceedings u/s 147 of the Act on the observation that the assessee took loan from Andhra Bank, Gudiwada Branch for excavation of fish tanks and pisiculture etc. which is not utilised for the business purpose for which it was taken and disallowed